Yankees close to acquiring Alfonso Soriano from Cubs

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Alfonso Soriano’s return to the Bronx has been rumored for the past couple of days, but a deal is almost official.

According to Paul Sullivan of the Chicago Tribune, Cubs manager Dale Sveum said that Soriano has been scratched from tonight’s lineup against the Diamondbacks because a trade with the Yankees is close. In fact, Sveum told Sullivan that a deal is “99 percent done.”

The specifics of the deal aren’t yet known, but Bob Nightengale of USA Today says a pitching prospect with go to Chicago. Soriano still has around $25 million left on his contract through next season, so the Cubs figure to pay a big chunk of it. Similar to the Vernon Wells trade, the Yankees will likely try to arrange it so that whatever portion they cover will not count toward their payroll for next season. Soriano’s contract includes a full no-trade clause, but it was never expected to be an obstacle here.

Soriano, who played his first five seasons in the majors as a member of the Yankees, is batting .254/.287/.467 with 17 home runs and 51 RBI through 93 games this season. The Yankees have been desperate for any sort of production from the right side of the plate, so Soriano should help on that end. The 37-year-old has an .806 OPS against southpaws this season. He’ll likely play left field for now and figures to shift to DH when Curtis Granderson comes off the DL.

UPDATE: CBS Sports’ Jon Heyman writes that the deal isn’t likely to be finalized tonight, as it still needs approval from the commissioner’s office. He adds that the Cubs are expected to pay more than half of the $25 million left on Soriano’s contract.

Rays’ Díaz gets $24 million, three-year deal, avoids arbitration

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ST. PETERSBURG, Fla. – Tampa Bay Rays infielder Yandy Díaz agreed to a $24 million, three-year contract on Tuesday that avoided a salary arbitration hearing.

Díaz’s agreement could be worth $36 million over four seasons.

The 31-year old will receive $6 million this season, $8 million in 2024 and $10 million for 2025. The 2026 club is $12 million with no buyout. There is a $1 million assignment bonus that would be payable by receiving team.

Díaz has spent parts of six seasons in the majors with Cleveland (2017-18) and Tampa Bay (2019-22). He has a career average of .278 with 39 home runs and 198 RBIs.

Acquired by the Rays in a three-team trade on Dec. 13, 2018, Díaz hit .296 with nine homers and 57 RBIs in 137 games last season, He career highs with 71 runs, 140 hits, 33 doubles, and 78 walks.

Díaz was the third Rays’ arbitration-eligible player to reach a deal.

Reliever Pete Fairbanks agreed Friday to a $12 million, three-year contract that could be worth up to $24.6 million over four seasons. The 29-year-old right-hander was 0-0 with a 1.13 ERA in 24 appearances last year after beginning the season on the 60-day injured list with a right lat strain.

Left-hander Jeffrey Springs also agreed last week to a $31 million, four-year contract that could be worth $65.75 million over five seasons.

The 30-year-old began last season in the bullpen and transitioned to the starting rotation in May and finished 9-5 with a 2.46 ERA in 33 appearances, including 25 starts.

Tampa Bay remains scheduled for hearings with right-handers Jason Adam and Ryan Thompson, left-hander Colin Poche, and outfielder Harold Ramírez.